Free factsheet: EIS at a glance

Seed Enterprise Investment Scheme

SEIS in a nutshell

Help start-up companies get off the ground and for every £1 you invest, save up to 64p in income and capital gains tax. You also qualify for IHT exemption, potentially saving up to another 40p per £1 you invest.

New tax year to-do list

There are three things that could help experienced investors save tax right at the beginning of the new tax year.

Wealth Club is the only service that allows you to apply for all these offers online. Please note tax rules can change and benefits depend on circumstances.

1. Invest in a VCT – save up to 30% income tax and get tax-free dividends

The official numbers are not out yet, but we estimate at least £650 million has been invested in VCTs in the 2018/19 tax year. Two of our featured offers are using their over-allotment facility to take applications for the 2019/20 tax year.

The sooner in the tax year you invest in a VCT, the sooner you can start benefitting from any dividends it may pay. Although please remember dividends are not guaranteed.

In addition, if you invest at the start of the tax year, you could ask HMRC to change your tax code. So, instead of having to claim the tax relief after paying the tax, you could have your income tax reduced each month until your tax relief is used up.

Octopus Titan VCT

Save 2.5% (3.5% for existing shareholders) on the initial charge, plus 0.25% annual rebate for three years.

ProVen VCTs

2. Invest in EIS allotting early in the tax year

When you invest, you can choose to offset the EIS tax relief against 2018/19 (using carry back) or 2019/20 income.

Several of our featured EIS offers plan to allot shares around the end of April 2019 – you can apply online for all of them:

Azoomee EIS

Azoomee has created an online platform for children so they can experience the benefits and fun of the internet without the risk of inappropriate content. Single company private offer with no diversification – capital is at risk.

Q-Bot EIS

Q-Bot has developed Europe’s only accredited robotics system that insulates floors quickly, cost effectively and without disruption. Single company private offer with no diversification – capital is at risk.

The Cook & The Thief EIS

From the co-founder of Mr & Mrs Smith – The Cook & The Thief aims to be like Deliveroo, but for high-end food from top restaurants, including those with Michelin stars. Single company private offer with no diversification – capital is at risk.

Unibio EIS

Unibio has developed a patented process to convert natural gas into protein for the $500 billion animal feed market. Co-invest with institutions and corporates. Single company private offer with no diversification – capital is at risk.

Wealth Club aims to make it easier for
experienced investors to find information on – and apply for
– tax-efficient investments. You should base your investment decision on the
provider's documents and ensure you have read and fully understand them before
investing. This review is a marketing communication. It is not advice or a
personal or research recommendation to buy the investment mentioned. It does
not satisfy legal requirements promoting investment research independence and
is thus not subject to prohibitions on dealing ahead of its dissemination.

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This website is directed exclusively at, and intended to be used only by, persons in the UK who will be required to self-certify as Sophisticated Investors or High Net Worth Individuals before applying to invest in any of the products featured. It is not directed at any person where (by reason of nationality, residence, domicile or otherwise) the usage of the website is prohibited.

The investment products on this website are not for everyone. They are generally higher risk and require a longer investment term. You may get back less than you invest. It is therefore important that you understand the Risks and Commitments of these products.

We’ve made every effort to ensure the accuracy of the material on this website, but cannot guarantee its accuracy or currency. It reflects our understanding of current product and tax rules, which may change in future. It is for general information only and should not be regarded as constituting an offer or a solicitation to buy or sell any securities, or as investment or tax advice. If you are in any doubt as to the suitability of the products for your circumstances, please seek specialist financial or tax advice.

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